Comparing it to SHIB, if it takes a few months of consolidation for it to bounce back to a much higher all-time high. It was a different time back then, so no one really knows, and it is for the market to decide.
PEPE is a good project which had really surprised me becoming the third most ranked cryptocurrency project with a huge market cap exceeding that if Shiba Inu. Things are really happening in the market that is why we just can to safe money for good project like PEPE that had made a lot of investors rich. As new trend are coming onboard, we will be seeing impressive projects like this that is going to give us the kind of profits that we want not minding if the market trend is bearish or ranging.
I strongly believe Pepe is coordinated plan of Pump Dump Project with whales and influencers. Now everyone is waiting for exit liquidity.